06-12-95 Community & Economic Development

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COMM Wu Z*port: Community and Economic Development Committee go OS QCommott Coutttil of t * City of 6outj The June 12, 1995 meeting of the Community and Economic Development Committee was called to order by its Chairperson, Council Member Roland Kelly at 4:10 P.M. in the Council informal meeting room. Persons in attendance included Council Members: Puzzello, Kelly, Slavinskas, Zakrzewski, Washington, Coleman, Luecke, Duda, and Ladewski; Larry Magliozzi, Sue Hodgson Citizen Member, Berry Adams, Mike Urbanski, Dennis Vanue, Mark Baker, Mike Beitzinger, Dennis Reiner, Members of the News Media, and Kathleen Cekanski- Farrand. The first item on the agenda was to review substitute Bill No. 27-95 which would amend Chapter 2, Article 6 of the South Bend Municipal Code addressing tax abatement procedures. Mr. Magliozzi made the presentation. He noted that this was discussed at the Committee meeting of May 22, 1995 that since then at the request of the Committee the maps have been redrawn (copy attached). He stated that the five year Real Property Tax Abatement for Residentially Distressed areas based on the criteria worked out between the City Administration and the City Council would be a positive step. Mr. Barry Adams spoke in favor of the Bill. Mr. Mike Urbanski also spoke in favor of the Bill. Following discussion, Council Member Zakrzewski made a motion, seconded by Council Member Puzzello that substitute Bill No. 27-95 be recommended favorably to Council. The motion passed. The Committee then reviewed Bill No. 95-44 which is a Personal Property Tax Abatement request for the property located at 4550 South Burnett Drive. Mr. Mike Beitzinger reviewed the report dated May 23, 1995 (copy attached) which concluded that the project qualifies for five year Personal Property Tax Abatement under Section 2-84.2 of the South Bend Municipal Code. Mr. Dennis Vanue, the President of the company, gave further information. He noted that this abatement would be for Raelyn Engineering Inc. The company currently has four employees with business at 1.7 million dollars. In response to a question raised by Council Member Luecke it was noted that the life expectancy of the equipment would be between 12 to 15 years. Following discussion, Council Member Zakrzewski made a motion, seconded by Council Member Puzzello that Bill No. 95-44 be recommended favorably to Council. The motion passed. The Committee then reviewed Bill No. 95-45 which was a Personal Property Tax Abatement request for the property located at 700 West Chippewa and Bill No. 95-46 which is a five year Personal Property Tax Abatement request for the property located at 700 West Chippewa.